Dell has unleashed the new XPS 700 for the European market.
The XPS 700 features the same case design of the previously announced Dell Concept PC,
but features slightly watered down hardware specifications. Whereas the Concept
PC featured a blazing fast NVIDIA Quad SLI graphics subsystem, the XPS 700 can
only be optioned up with dual GeForce 7900 GS SLI graphics cards.

Even though you may be able to cook something on it, at least it is a 9xx series processor and not a Pentium 4 or a Pentium D 8xx processor. They'll probably shift it to Conroe when it comes out anyway.